Menifee finance department earns award for excellence in financial reporting for 11th time

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MENIFEE –The Menifee Finance Department was awarded the Certificate of Achievement for Excellence in Financial Reporting for its comprehensive annual financial report for fiscal year 2019-2020. The award marks the 11th year that Menifee has received the designation since incorporating in 2008.

The Government Finance Officers Association of the United States and Canada gives this award to government finance agencies that uphold the high standards of their program. This includes demonstrating a constructive “spirit of full disclosure” to clearly communicate the city’s financial story and to motivate audiences to use the document.

Menifee’s CAFR document provides a comprehensive presentation of the city’s financial status for the year. The document offers a citywide view of all governmental activities with focus on the financial position and operating results of the city’s major funds.

“The CAFR is an in-depth illustration of the city’s financial picture for the year,” Deputy City Manager Rochelle Clayton said. “Each year, we strive to create a useful, easy to navigate financial report that clearly tells that story and we encourage our residents to utilize it as well.”

GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals with offices in Chicago and Washington. For more information, visit www.cityofmenifee.us.

Submitted by city of Menifee.